How Can Entrepreneurs Use Economics to Make Better Decisions?

Course Description

Module 3: How Can Entrepreneurs Use Economics to Make Better Decisions?

We live in a world where our resources are limited compared
to our wants. Because we are faced with the fundamental economic problem of
scarcity, we have to make choices that involve tradeoffs. This series of
lessons provides an introduction to the basic economic concepts of scarcity,
choice, decisions made at the margin, and opportunity cost. Economic thinking
provides a set of tools that helps you make better decisions and enables you to
better understand the choices of others. Entrepreneurs who use these critical
thinking tools are in a position to make better choices about their business.

Course Curriculum

Module Three: How Can Entrepreneurs Use Economics to Make Better Decisions?